$BTW nothing brings it down from 0.90. Could it be going for the shorts? The upward line of the daily candle ends at $1.32. Sometimes it follows these lines; let's wait to open a short between 1.20 and 1.29.
$BTW There are still fucking buyers defending 0.90, but if it breaks, it might not rise like before. Today it tried to break through twice, but it has only kept falling.
$BTW With this chart and that drop, I wouldn't risk going long. I'd only go short with a very high liquidation price, because this bastard wipes everyone out with a single wick.
$BTW Now it looks pretty ugly on the chart. I think it’ll keep falling because the funding rate is highly negative. I made money on the way up earlier, and I’m still making money on the way down. Hope it drops further.
$BTW this token is a joke hahaha. Damn thieves never get tired of stealing, and Binance is complicit too. The Chinese guy must be lining his pockets with quite a bit of money by allowing all this shitshow.
$BTW Actually, when the funding rate is very negative, most tokens drop whenever funding payment time comes around. That's what I've observed over a long time. I don't think this is a bear trap this time; there are still more longs than shorts.
$BTW is slowly agonizing, but the worst part is they pump it all at once. I mean, neither the short nor the long wins anymore, because even liquidation is very close to X10 haha.
$BTW Thank goodness I'm watching the chart, otherwise I'd miss this drop. This dog token has put me through both long and short positions today, and it's finally dying.